Winitz v. Kline

DUFFY, Chancellor:

This is the decision on (a) a motion by a defendant to quash an order of sequestra tion on the ground that the stock seized is the property of a voting trust and not his property; and (b) plaintiff’s motion for a default judgment against the moving defendant.

A

Milton Winitz (plaintiff) is seeking an order for specific performance of a contract to which he is a party with S. Allan Kline and Vivonex Corporation, a Delaware corporation (defendants). Plaintiff alleges that he is entitled to but has not received a 2(4% equity interest in Vivonex. 1 Kline is a nonresident of…